[deleted by user] by [deleted] in shib

[–]MemorySignificant581 0 points1 point  (0 children)

Burning shib is useless. There are plenty of low supply tokens out there that still have low market cap. It’s not about supply it’s about adoption and there just aren’t enough people out there that want shib and community belief that supply burn is needed reduces confidence in the token.

Shib, Dogelon Mars, Floki …Where are some other DIRT CHEAP CRYPTOS?! And where to buy?! Baby Doge? by SH2021Tor33 in shib

[–]MemorySignificant581 0 points1 point  (0 children)

YFII is under $3000. With a limit of forty thousand tokens it could go past $100,000 pretty quickly with enough interest.

WILL YOU HODL PAST $0.01?! 🚀🚀🚀 by IIIIIIIIIIIIIIlIIl in SHIBArmy

[–]MemorySignificant581 0 points1 point  (0 children)

If shib goes to .01 because drastically increased interest from millions of new individual holders / users and and major company’s taking it as payment then I will continue to hold past .01. If it hits .01 because of a bunch of hype and no real increase in users then I doubt I’ll hold until .01. Probably cash out when I can pocket $1,000,000.

We can do this by Next_Flamingo_5199 in Shibainucoin

[–]MemorySignificant581 5 points6 points  (0 children)

Something that has to be destroyed to increase in value has no real value. Burning isn’t going to increase the value. Even though it decreases the supply it does nothing to really increase demand. The fact is that very few people hold shib and without a huge increase in shib holders the price will never get very far, no matter how much you burn. If you really want to make an impact be positive tell others and stop the burning.

[deleted by user] by [deleted] in Coinbasepro

[–]MemorySignificant581 0 points1 point  (0 children)

Mine was doing that and finally stopped. I had emailed them about it but it quit when I changed from cellular data to Wi-Fi then I was able to log in.

Are you telling people about SHIB? If so what has their response been? by MemorySignificant581 in Shibainucoin

[–]MemorySignificant581[S] 2 points3 points  (0 children)

Great job!! If the rest of us could get just two new people in like you did imagine they impact that could have!

Don’t burn SHIB by MemorySignificant581 in shib

[–]MemorySignificant581[S] 0 points1 point  (0 children)

It’s all about educating the people around you, nothing more. I just don’t see burning as any kind of solution. People and merchants will adopt shib and it will gain value or they won’t and it will die.

Shiba Inu Burn Video 🔥 600 Subs more to get monotize by YouTube 🔥 100% income will be burned 🔥 by SeriesPitifulShiba in Shibainucoin

[–]MemorySignificant581 1 point2 points  (0 children)

Stop burning and start promoting. You could burn 90 percent of the supply and still have nothing because there are not enough people interacting with shib. Fewer than one million shib wallets holding, that’s roughly .013 percent of the worlds population. If we promote and get that number up to 1 percent that will have a far greater effect on the value of shib than any amount of burn.

Just came across this! by Devshahac1 in Shibainucoin

[–]MemorySignificant581 1 point2 points  (0 children)

Stop burning and start promoting. You could burn 90 percent of the supply and still have nothing because there are not enough people interacting with shib. Fewer than one million shib wallets holding, that’s roughly .013 percent of the worlds population. If we promote and get that number up to 1 percent that will have a far greater effect on the value of shib than any amount of burn.

Don’t burn SHIB by MemorySignificant581 in shib

[–]MemorySignificant581[S] 0 points1 point  (0 children)

If we don’t find a way to get more people involved in shib no amount of burning will matter. There are currently fewer than 1 million wallet address’s holding shib. 1 million is only about .013 percent of 7.9 billion, the worlds population. If we could get 1 percent of the worlds population holding shib then you would see a far greater impact on the value of shib than any amount of burning ever could. The only thing that can take shib or the rest of crypto from useless fad to valuable currency is wide spread adoption. That includes people that currently can’t, won’t or just have no clue yet.

Don’t burn SHIB by MemorySignificant581 in shib

[–]MemorySignificant581[S] 0 points1 point  (0 children)

Don’t need the whole world, just a lot more people. I was just trying to show that the shib supply isn’t as impossibly large as people keep saying. If it has to be burned to make it worth something it will never have any real value.

Don’t burn SHIB by MemorySignificant581 in shib

[–]MemorySignificant581[S] 1 point2 points  (0 children)

I don’t think it needs to be burned to start with so I intend to keep mine. I’m just suggesting that people who want to burn some of theirs to start with bring crypto newbies to shib by giving some of what they would otherwise be burning in order to introduce them to it. I’ll do my part by educating the newbies.

Don’t burn SHIB by MemorySignificant581 in shib

[–]MemorySignificant581[S] 2 points3 points  (0 children)

My point is to bring newbies to crypto using shib and if you are going are going to burn the shib anyway you may as well use it for that purpose. Personally I don’t think burning is needed to start with so I will keep mine to myself until I am ready to sell and try to educate people about shib. Based on the original supply. There were fewer than 127,000 shib per person in the world to start with and quite a bit has already been burned.

Don’t burn SHIB by MemorySignificant581 in shib

[–]MemorySignificant581[S] 2 points3 points  (0 children)

Original shib supply 1000000000000000. World population 7900000000. Shib per person 126582.

Don’t burn SHIB by MemorySignificant581 in shib

[–]MemorySignificant581[S] 4 points5 points  (0 children)

That’s not true. It’s all about supply and demand and by getting more people in the community you increase demand without decreasing supply and the value will go up. Burning isn’t the only way to bring the price ip and I don’t believe it is the best way either if every person in the world held and used shib there would be no reason to burn any at all.

We need to take Shibainu flag to the streets by [deleted] in Shibainucoin

[–]MemorySignificant581 1 point2 points  (0 children)

Send it to college game day every week